[ET Net News Agency, 11 May 2021] Daiwa raised its target price for Towngas China
(01083) to HK$5.5 from HK$5 and maintained its "buy" rating.
The research house said the key risk is gas sales dollar margin squeeze despite a
potential CNY0.13/m3 gas cost saving with access to 6 LNG terminals and Jintan gas
storage, in which its parent HKCG has a stake. (RC)